£255,460
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Jun 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 9 Jun 2022 |
| £74,751 | 19 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in June 2022 the House Price Index for GLOUCESTERSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £250,000 results in an estimated price of approximately £255,460.
| 9 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £250,000 | £5,460 | £255,460 |
The Postcode Pricing Model uses changes in average sales price within the GL5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 27.935 % | £69,837 | £319,837 |
| 3 Month Average | -5.337 % | £-13,341 | £236,658 |
| 6 Month Average | 10.273 % | £25,683 | £275,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £96,500 | £96,500 | 72A FOLLY LANE |
| 25 Apr 2024 | £414,600 | £411,000 | 27 SLAD ROAD |
| 12 Dec 2023 | £825,362 | £800,000 | ISLA SPRINGFIELD ROAD |
| 10 Nov 2023 | £420,679 | £410,000 | 25 SLAD ROAD |
| 29 Sep 2023 | £301,650 | £295,000 | 34 LANSDOWN |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Jul 2013. Using an estimated price of £255,461 means this house is valued at £4,054 per sq meter (£376 per sq foot).
The average size of a house on SPRINGHILL is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Uplands Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Uplands Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lansdown |
| Oct 2024 | Anti-social behaviour | On or near Lansdown | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lansdown |